NOT LISTED FOR SALE

6551 S Oakley Ave Chicago, IL 60636

Englewood Neighborhood

Estimated Value: $181,000 - $210,288

4 Beds
2 Baths
1,026 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2022

Last sale price $145,000 $141 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,194 / mo

186 Days on Market

Highlights

  • Cape Cod Architecture
  • Fenced Yard
  • Living Room
  • Formal Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2022

Large 4 bed 2 bath home currently occupied with guaranteed rental income. The tenant is month to month. This is a perfect property to add to your portfolio or if you are willing to wait to relocate a tenant you could call this home yours. Property is being sold "As Is." This is also part of a larger 16 property portfolio that is being sold. If you have any questions regarding the portfolio or the other properties please contact the co-listing agent. CASH or Conventional Preferred.

Last Agent to Sell the Property

Fernando Rocha Jr.

RE/MAX LOYALTY License #475162241 Listed on: 11/04/2021

RE/MAX LOYALTY

Co-Listed By

Carlos Rios

Realty of America, LLC License #475197628

Last Buyer's Agent

Maira Esparza

Re/Max In The Village License #471021210

Re/Max In The Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1914

Lot Details

  • 3,751 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off Alley Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,026 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Marquette Park Subdivision, Cape Cod Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,563

Year Built

Built in 1914

Lot Details

3,751 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Marquette Park
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1026
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0861
  • Lot Dimensions: 3750
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1562.58
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jun 24, 2022
Sold by
Bought by
Seller's Agent
Fernando Rocha Jr.
RE/MAX LOYALTY
Buyer's Agent
Maira Esparza
Re/Max In The Village
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Current Estimated Value
$197,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,572
Avg. Annual Appreciation
7.98%
Original Mortgage
$142,373
Outstanding Balance
$135,476
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$62,096

Purchase Details

Closed on
May 20, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,613
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2013
Sold by
Bought by

Purchase Details

Listed on
May 1, 2012
Closed on
May 24, 2012
Sold by
Bought by
Seller's Agent
Ayoub Rabah
Coldwell Banker Realty
Buyer's Agent
Mike Sheikhani
Charles Rutenberg Realty of IL
List Price
$17,900
Sold Price
$16,000
Premium/Discount to List
-$1,900
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 None Listed On Document
-- First American Title
$58,000 Stewart Title Company
$16,000 Attorneys Title Guaranty Fun
-- None Available
$165,000 Multiple
$27,000 Ticor
-- None Available
$135,000 Multiple
$100,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $142,373
Previous Owner $1,082,613
Previous Owner $148,500
Previous Owner $108,000
Previous Owner $20,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $145,000 +3.6% $141 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
11/04/2021 11/04/21 For Sale $139,900 +774.4% $136 / Sq Ft
06/07/2012 06/07/12 Sold $16,000 -10.6% $18 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $17,900 -- $20 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,591 $14,000 $1,125 $12,875
2024 $1,591 $14,000 $1,125 $12,875
2023 $1,551 $7,501 $2,438 $5,063
2022 $1,551 $7,501 $2,438 $5,063
2021 $1,508 $7,499 $2,437 $5,062
2020 $1,542 $6,877 $2,437 $4,440
2019 $1,563 $7,728 $2,437 $5,291
2018 $1,536 $7,728 $2,437 $5,291
2017 $2,186 $10,090 $2,250 $7,840
2016 $2,034 $10,090 $2,250 $7,840
2015 $1,862 $10,090 $2,250 $7,840
2014 $1,626 $8,696 $2,062 $6,634
2013 $1,594 $8,696 $2,062 $6,634
Source: Public Records

Agents Affiliated with this Home

  • Fernando Rocha Jr.

    Seller's Agent in 2022

    Fernando Rocha Jr.

    RE/MAX

    (773) 559-3424

    14 in this area

    283 Total Sales

    Fernando Rocha Jr.
    Section Image
  • Carlos Rios

    Seller Co-Listing Agent in 2022

    Carlos Rios

    Realty of America, LLC

    (773) 412-2546

    7 in this area

    35 Total Sales

    Carlos Rios
    Section Image

  • M

    Buyer's Agent in 2022

    Maira Esparza

    RE/MAX

    Section Image
  • Ayoub Rabah

    Seller's Agent in 2012

    Ayoub Rabah

    Coldwell Banker Realty

    (312) 610-0929

    Ayoub Rabah
    Section Image

  • M

    Buyer's Agent in 2012

    Mike Sheikhani

    Charles Rutenberg Realty of IL

    (630) 362-5152

    1 in this area

    45 Total Sales

    Mike Sheikhani
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263568

Midwest Real Estate Data (MRED)

APN: 20-19-117-020-0000

Illinois Cook County Chicago 60636 Englewood

6551 S Oakley Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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